For boards

Can a buyer get a conventional loan in your building?

Most boards find out when a sale falls through. You can find out now and fix the issues on your schedule before they cost owners money.

Five board members around a meeting table with papers, listening as one of them speaks

Protect Your Owners. Protect Your Values.

When a building loses Fannie Mae or Freddie Mac eligibility, the impact is immediate: fewer qualified buyers, lower offers, slower sales, and higher interest rates from specialty lenders. Owners feel it – and they remember which board was in charge when it happened.

Conventional financing is one of the biggest drivers of property value. When units can’t qualify:

  • Buyer pools shrink
  • Listings sit
  • Offers drop
  • Owners pay more

Most boards only discover eligibility problems when a sale falls through. Today, that’s too late. Staying ahead of these issues protects your owners, preserves property values, and prevents deals from collapsing at the closing table.

A three-story garden-style condominium community beside a lake with palm trees

What changed on August 3, 2026

Lenders can no longer rely on streamlined review options to qualify condo projects. They are required to perform full reviews of:

  • Governing Documents
  • Budgets
  • Reserve Funding
  • Insurance Coverage
  • Inspections
  • And More.

These deeper reviews mean eligibility can change quickly – sometimes with a single budget decision, insurance renewal, or maintenance finding.

Boards must stay ahead of eligibility issues, not react to them after a failed sale.

The four things that sink most projects

  1. 1

    Critical repairs

    Deferred maintenance becomes a critical repair the moment the lender sees it. What the board postponed is now an eligibility failure.

  2. 2

    Reserve Funding

    Reserves are thin, contributions fall short, or the reserve study’s recommended funding levels were ignored.

  3. 3

    Insurance

    Coverage is insufficient, nonexistent, or fails to provide protections for owners and lenders.

  4. 4

    Litigation

    A pending lawsuit presents financial liability that can destabilize your entire association, affecting values, budgets, and even your owners’ ability to repay their mortgage.

Eligible last spring doesn't count

A new budget, an insurance renewal or one board vote can change the answer. Checking once isn't enough.

What your board gets

  • A first read within 48 hours of your documents
  • A separate answer for Fannie Mae and Freddie Mac
  • A follow-up call with the board and your manager
  • A corrective action plan, item by item
  • Monitoring that keeps you eligible
The courtyard pool of a mid-rise condominium complex at dusk

Find out where you stand in days, not at closing.

Send your documents. Get a first read, a call and a plan your board can act on.

First read within 48 hours of your documents. Pricing on request.